Recycled-plastic decking manufacturers are responding to strong markets for their products by expanding production capacity, including UFP buying reclaimer Cedar Poly and Fiberon breaking ground on a facility in Tennessee.
Brand owners and other private and public entities are investing millions of dollars into a plastic reclaimer’s project to build a 170,000-square-foot film recycling facility in the Upper Midwest.
Post-consumer HDPE and PP prices have been hot lately, and they’re likely to stay that way given consistently strong demand and relatively slow supply increases, according to one market expert.
GDB International is expanding its film recycling capabilities and plans to add more collection points nationwide, betting on increased demand for post-consumer LDPE, LLDPE and HDPE.
A film recycling company that recently opened its first facility in California aims to launch two additional plants in the U.S. next year, with more on the way in the future.
NOVA Chemicals is expanding its PCR business to produce resin made with more recycled plastic, which will be supplied to Charter Next Generation for use in a range of non-food flexible film applications.
Three virgin plastics producers expand their recycled-resin offerings, and a chemically recycled copolyester finds a home in Tupperware food and drink containers.